Qatar and UK agree on £1bn green investment deal
The deal supports Rolls-Royce’s sustainable energy projects while fostering climate technology hubs and job creation in both the UK and Qatar. The National
Heirloom raises $150M for its limestone-based carbon removal tech
Company will use the Series B funding to advance its capture technology, aiming to reduce costs and scale operations, with participation from investors across sectors such as aviation, shipping, and manufacturing. Canary Media
COP16 Riyadh secures $12 billion to combat drought and land degradation
Majority of the funding comes from the Arab Coordination Group, the OPEC Fund and the Islamic Development Bank, and will be used to enhance drought resilience and land restoration efforts globally. ESG News
The IFC provides $35 million to finance Pakistan’s first sustainable aviation fuel facility
The facility, owned by SAFCO Venture Holdings Limited, will convert used cooking oil and other waste oils into aviation fuel, aiming to reduce over 500,000 tons of CO₂ emissions annually and create approximately 300 direct jobs. IFC
Global Environment Facility launches $282 million program to enhance sustainable agriculture and food systems across 32 countries
Funding will target key sectors such as crops, commodities, livestock, and aquaculture, with an additional $1.8 billion in co-financing to enhance biodiversity, land restoration, and climate resilience. GEF